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We are looking for

Cash and Banking Assistant - 6 month FTC

Contract

Standard / Permanent

Location

GB-ENG-Birmingham

BNP Paribas Real Estate
Country

United Kingdom

Job function

FINANCIAL AND TECHNICAL EXPERTISE

Apply REF: BHM378

The role

The Cash & Banking Assistant works within a small team responsible for the allocation management and movement of funds and the management and reconciliation of the bank accounts.  A key part of the departments shared service functions, the Cash and Banking team provides a critical service to the rest of client finance and the Cash & Banking assistant supports the Cash and Banking Manager by ensuring all cash and banking operations are completed in line with the agreed processes and procedures, ensuring that controls are adhered to, minimising the risk of fraud.

 

Key deliverables

·     Allocate cash received, identifying the source funds and ensuring all sums received are posted to the correct accounts with 24 hours of receipt, initiating queries on unidentifiable items as appropriate.

·     Record and bank cheques in accordance with the agreed cheque received process.

·     Maintain daily records of all cash received and ensure the wider Client Finance team members are aware of cash received as appropriate.

·     Ensure that all cash received is posted to the accounting database.

·     Track, investigate and resolve the allocation of unidentified receipts and return monies which cannot be properly identified within agreed timeframes.

·     Ensure client reporting team and surveying colleague are fully aware of all receipts and postings made

·     Respond to and ensure that all queries relating to bank accounts, cash received and payments made are dealt with on a timely basis.

·     Perform regular reconciliations of all unallocated cash against completed bank reconciliations ensuring that unidentified items are investigated and resolved.

·     Action, with appropriate dual authority, all bank transfers, inter-account transfers and releases of BACS payments

·     Ensure that all payments made are supported by the appropriate documentation and the correct authorisation is provided.

·     Ensure strict compliance of all agreed processes and controls, particularly ensuring that BNPPRE is compliant with RICS client money guidelines.

·     Provide regular reporting of unallocated cash.

·     Support the Cash and Banking Controller in maintaining complete records of all bank accounts and ensuring that accounts are opened and closed in a timely manner to meet client requirements.

·     Assist RICS and other auditors in identifying the information necessary to complete audit activities.

·     Assist in selecting, testing and implementation of new systems to support the cash and banking operations.

 

Responsibilities

 

Financials

·     Has an awareness of wider team and department budget

 

Clients and Business Development

·     Manages existing client relationships.

·     Identifies and helps progress new business opportunities both in and outside own  discipline

·     Able to work on a broad range of projects referring only to senior colleagues/ external  specialists on highly unusual or technical issues.

·     Specialist in one aspect of own discipline. Broad knowledge of principles and practices  of related disciplines

·     Enhances BNP Paribas Real Estate‘s reputation through successful delivery

·     Builds own network internally and externally

 

Systems and Process

·     Evaluates, adapts and improves standards, techniques and procedures

·     Is a contributor to BNP Paribas Real Estate projects

·     Evaluates processes making improvements as appropriate

 

Person specification

 

Essential experience

·     Understanding of client money handling regulations would be an advantage,  particularly  in a client or property context.

·     Highly numerate with strong attention to detail and excellent verbal and written  communication skills

·     Committed to the provision of excellent customer service and to meeting deadlines

·     Have excellent IT skills in particular Microsoft packages e.g. excel.

 

Desirable Qualifications

·     Studying towards or planning to study towards a recognised professional accounting or cash management qualification would be an advantage.

 

BNP Paribas Real Estate is proud to be an inclusive employer, as recognised by our RICS Inclusive Employer status and the Stonewall Equality Index.

Primary Location: GB-ENG-Birmingham Job Type: Standard / Permanent Job: FINANCIAL AND TECHNICAL EXPERTISE Education Level: Other Degrees / Certifications / Vocational, Technical or Professional Qualifications Schedule: Full-time Entity: BNP Paribas Real Estate
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